Bachus calls for hearing on incentive payments tied to HAMP

August 7, 2010

Rep. Spencer Bachus (R-Ala.) has called on House Financial Services Chairman Barney Frank (D-Mass.) to convene a hearing in September on whether Fannie Mae executives improperly implemented the Home Affordable Modification Program (HAMP) in order to benefit from incentive payments offered by the Treasury Department. Bachus is the Committee’s ranking member and in an August [...]

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